Texas Adding Private Sector Jobs

Texas' unemployment rate fell this month after adding 2,500 net jobs in October 2011 (adding 13,500 private sector jobs and shedding 11,000 government jobs). Texas has shed 54,600 government jobs since October 2010, while adding 286,200 private sector jobs. The net result of that, obviously, is 231,600 total net new jobs over the past year.